Historic Russian ruble South African rand

Russian ruble south african rand history for December 2023. The highest quote for this month is 0.21157 (13/12/2023) and the lowest 0.21025 (12/12/2023). The difference between high and low is 0.62.

RUB ZAR average rate for December 2023 is 0.20427, the change between 01/12/2023 and 31/12/2023 is -0.23 %.

01 December 20231 RUB = 0.2095 ZAR
02 December 20231 RUB = 0.2044 ZAR
03 December 20231 RUB = 0.2058 ZAR
04 December 20231 RUB = 0.2038 ZAR
05 December 20231 RUB = 0.2055 ZAR
06 December 20231 RUB = 0.2101 ZAR
07 December 20231 RUB = 0.2044 ZAR
08 December 20231 RUB = 0.2035 ZAR
10 December 20231 RUB = 0.2067 ZAR
11 December 20231 RUB = 0.2052 ZAR
12 December 20231 RUB = 0.2098 ZAR
13 December 20231 RUB = 0.2097 ZAR
14 December 20231 RUB = 0.2088 ZAR
15 December 20231 RUB = 0.2046 ZAR
16 December 20231 RUB = 0.2024 ZAR
17 December 20231 RUB = 0.2029 ZAR
18 December 20231 RUB = 0.2018 ZAR
19 December 20231 RUB = 0.2053 ZAR
20 December 20231 RUB = 0.2026 ZAR
21 December 20231 RUB = 0.2027 ZAR
22 December 20231 RUB = 0.1956 ZAR
23 December 20231 RUB = 0.1998 ZAR
24 December 20231 RUB = 0.1998 ZAR
25 December 20231 RUB = 0.2005 ZAR
26 December 20231 RUB = 0.2006 ZAR
27 December 20231 RUB = 0.2036 ZAR
28 December 20231 RUB = 0.2003 ZAR
29 December 20231 RUB = 0.2099 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
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